RBC Capital Reiterates Sector Perform on Freeport-McMoRan, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sam Crittenden has reiterated a Sector Perform rating on Freeport-McMoRan (NYSE:FCX) and maintained a $60 price target.
July 24, 2024 | 4:41 pm
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RBC Capital analyst Sam Crittenden has reiterated a Sector Perform rating on Freeport-McMoRan (NYSE:FCX) and maintained a $60 price target.
The reiteration of a Sector Perform rating and maintenance of a $60 price target by RBC Capital suggests a neutral outlook for Freeport-McMoRan. This indicates that the stock is expected to perform in line with the sector, and there are no significant changes in the analyst's view that would drive the stock price up or down in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100